Counto

FEBRUARY 8, 2024

With a low corporate tax rate capped at 17% and no dividend or capital gains taxes, Singapore offers a compelling proposition for investors. Comprehensive Intellectual Property Protection Intellectual property (IP) is a valuable asset for businesses, and Singapore boasts robust laws to safeguard it.

Corporation Tax 98

Corporation Tax Tax Accounting Accounting 98

Accounting Tools

JULY 16, 2023

Related Courses Accountants' Guidebook GAAP Guidebook What is the Accounting for Stock Dividends? A stock dividend is the issuance by a corporation of its common stock to shareholders without any consideration. A stock dividend is never treated as a liability of the issuer , since the issuance does not reduce assets.

Accounting 40

Accounting Accounting 40

Accounting Tools

AUGUST 4, 2023

What are Qualified Dividends? A dividend is classified as qualified if it meets the following three criteria. A dividend that qualifies under these criteria is stated as such on the Form 1099-DIV, which is issued to shareholders following the end of each calendar year. What are Ordinary Dividends?

Tax 40

Tax 40

Accounting Tools

SEPTEMBER 2, 2023

If the "C" corporation instead issues a dividend , the recipient recognizes it as ordinary income , because it is considered to come from the short-term earnings of the business. Their basis is derived from the amount of cash and other property they have contributed to the partnership. Related Articles Cash Liquidation Distribution

Corporation Tax 40

Corporation Tax Tax 40

Accounting Tools

SEPTEMBER 7, 2023

Example of the Statement of Cash Flows Indirect Method For example, Lowry Locomotion constructs the following statement of cash flows using the indirect method: Lowry Locomotion Statement of Cash Flows for the year ended 12/31x1 Cash flows from operating activities Net income $3,000,000 Adjustments for: Depreciation and amortization $125,000 Provision (..)

Financial Statements 75

Financial Statements Accounts Receivable Accounts Receivable Account Receivables 75

Accounting Tools

OCTOBER 15, 2023

For example, a business pays wages to its employees , commissions to its salespeople, and dividends to its investors. It may also disburse funds to the owners of intellectual property in the form of royalties. Related Articles Cash Disbursement Remote Disbursement Another form of disbursement is tax payments to the government.

Invoicing 40

Invoicing Tax Accounting Accounting 40

Accounting Tools

JANUARY 24, 2024

Secured and Unsecured Debt Debt may be secured by an entity's other assets , which will become the lender's property if the entity cannot pay back the debt. In a business, debt may also be used as the source of funds for buying back shares in the business or to acquire another organization. Alternatively, the debt may be unsecured.

Corporate Finance 40

Corporate Finance Tax Accounting Accounting 40

Counto

FEBRUARY 20, 2024

An investment holding company is defined as a firm that possesses assets like properties and shares for long-term investment purposes. It generates income, known as ‘non-trade income,’ from sources such as dividends, interest, or rental revenue. What is an Investment Holding Company?

Corporation Tax 52

Corporation Tax Payroll Tax Accounting 52

Accounting Tools

JUNE 8, 2023

Operating activities refer to the primary revenue-generating activities of an entity, such as cash received from the sale of goods or services, royalties on the use of company-owned intellectual property, commissions for sales on behalf of other entities, and cash paid to suppliers.

Financial Statements 40

Financial Statements Accruals Tax Accounting 40

Accounting Tools

DECEMBER 22, 2023

A company can increase its net worth not only by the obvious method of earning a profit, but also by avoiding distributions to shareholders (such as dividends ), since that reduces the cash balance, which is part of the assets in the net worth equation. Related Article Book Value

Accounts Payable 40

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 40

Counto

JANUARY 9, 2024

Exceptions: The SUTE scheme is not applicable to companies primarily involved in investment holdings or property development for sale and/or investment. These shareholders must either be individuals or include at least one individual holding at least 10% of the issued ordinary shares of the company. on the subsequent $190,000 of income.

Tax 52

Tax Corporation Tax Accounting Accounting 52

Accounting Tools

JUNE 7, 2023

Cash Flows from Operating Activities Cash flows from operating activities refer to the primary revenue -generating activities of an entity, such as cash received from the sale of goods or services, royalties on the use of company-owned intellectual property, commissions for sales on behalf of other entities, and cash paid to suppliers.

Financial Statements 75

Financial Statements Payroll Accounts Receivable Accounts Receivable 75

Accounting Tools

AUGUST 29, 2023

This premium can be substantial when a target company owns crucial intellectual property , real estate, or other assets that an acquirer wishes to own. Related Articles Acquisition Valuation Methods Business Valuation Methods Contingent Consideration

CPA 40

CPA 40

Accounting Tools

APRIL 30, 2023

Examples of cash outflows from financing activities are cash outlays for dividends , share repurchases, payments for debt issuance costs, and the pay down of outstanding debt. Another warning sign is when the reporting entity is paying out large dividends or buying back shares when its reported profits are relatively low.

Financial Statements 40

Financial Statements Collections Accounts Receivable Accounts Receivable 40

Accounting Tools

AUGUST 5, 2023

Examples are cash receipts from the sale or collection of loans, the sale of securities issued by other entities, the sale of long-term assets , and the proceeds from insurance settlements related to damaged property.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Financial Statements 40

Accounting Tools

AUGUST 31, 2023

It includes the primary revenue -generating activities of an entity, such as cash received from the sale of goods or services, royalties on the use of company-owned intellectual property, commissions for sales on behalf of other entities, and cash paid to suppliers. The bulk of all cash flows will likely be reported within this category.

Accruals 75

Accruals Financial Statements Accounts Payable Accounts Payable 75

Accounting Tools

JUNE 19, 2023

Intellectual Property Due Diligence Checklist Patents Does the company have any valuable patents? Licensing Expense A company may have licensed critical intellectual property from another party. Unpaid Dividends If dividends have been declared but not paid, this becomes a liability of the acquirer.

Financial Statements 73

Financial Statements Auditing Tax Accounts Payable 73

Accounting Tools

SEPTEMBER 20, 2023

Examples of the taxes that may be included in this line item are property taxes, sales taxes , use taxes , withheld employee income taxes, and income taxes to be paid by the company. This line item contains the net amount of all profits and losses generated by the business since its inception, minus any dividends paid to shareholders.

General Ledger 40

General Ledger Financial Statements Billing Accounts Payable 40

Accounting Tools

SEPTEMBER 2, 2023

Distribute appreciated property. A distribution of appreciated property by an S corporation to its shareholders generates a gain in the amount of the difference between the corporation’s basis in the asset and its fair market value. Record keeping.

Corporation Tax 40

Corporation Tax Payroll Tax Record Keeping 40

Accounting Tools

AUGUST 1, 2023

A corporation pays all types of taxes, including income taxes, payroll taxes, sales and use taxes , and property taxes. Distributions to shareholders are made in the form of dividends. A corporation acts as a legal shield for its owners, so that they are generally not liable for the corporation's actions.

Corporation Tax 75

Corporation Tax Tax Payroll 75